Thursday, February 14, 2008

Market Dispatches, 12:55 PM ET

Bernanke: Fed ready for action

Fed to act in "timely manner" to support growth

Federal Reserve Chairman Ben Bernanke on Thursday held the door open to more interest rate cuts to help the struggling economy, but told Congress the central bank expects growth to pick up later in the year.

Wall Street drops on Bernanke comments

Shares fall on worsening credit market view

No comments:

Post a Comment